Avanti Way launches crypto division led by Erik Mendelson

Avanti Way Realty launched a cryptocurrency division, led by longtime Bitcoin real estate agent Erik Mendelson, The Real Deal has learned.  The Doral-based brokerage is looking to train agents and help clients handle real estate transactions involving cryptocurrencies such as Bitcoin, Ethereum and Tether. Many crypto-rich clients are cash-poor, and don’t necessarily want to convert their coin to cash, Mendelson said. Mendelson, a licensed mortgage broker as well, said these buyers can use crypto-backed mortgages to finance their purchases.  Most real estate agents don’t understand how to broker a crypto real estate purchase, said Avanti Way co-CEO Andres Korda. Mendelson, […]This article originally appeared on The Real Deal. Click here to read the full story.